“But Brinsden, who calls spodumene with its 6% and below lithium oxide purity an inefficient way of shipping lithium to customers overseas, thinks the midstream products currently being studied by incumbents Pilbara Minerals and Mineral Resources (ASX:MIN) could be the way of the future for Australian producers.”
“The only reason spodumene is in the market today is it’s a quirk of history. There was a by-product concentrate stream coming from the Greenbushes mine that had nowhere to go because there was no chemical conversion capacity in Australia, obviously.”
“Margin is currently on the side of the spodumene producers given the supply of the rocks is far tighter than chemical conversion capacity in China.”
A few more quotes from the * interview.
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